Bitcoin found a solid support in 6100-6200 area and right now we have a possibility of an inverse head and shoulders . Indicators are not fully bullish but the chart is.
Risk reward is good since our target is way more profitable than our loss and since the scenario overall is bullish in the 1HR chart.
Position opened! Good luck if you agree :)
Risk reward is good since our target is way more profitable than our loss and since the scenario overall is bullish in the 1HR chart.
Position opened! Good luck if you agree :)
Note
Neckline broken.Note
Slowly grinding up to target.Note
Should hit target in the next hours.Trade closed manually
Did not reach target area but the trade went very well anyway for me :)Trade closed: target reached
It took days but here we are! 6660+ AREA but it wasn't the head and shoulder who brought us here. Anyway trade closed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.